$75,000
SOLD JUL 23, 2015

1306 W Marshall St Ferndale, MI 48220

3 Beds
1 Bath
891 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$84 Per Sq Ft

32% Below List Price

208 Days on Market

Highlights

  • Deck
  • 1 Car Detached Garage
  • Home Security System
  • Fenced Yard
  • Porch
  • Bungalow

About This Home

As of April 2016

***An offer has been submitted to the lender for review. Any other submitted offers will be treated as back up offers.*** PRICE REDUCED -NOW BEING SOLD UNDER THE TERMS OF A SHORT SALE - FERNDALE BUNGALOW IS A 3BR/1BA DIAMOND IN THE ROUGH THAT FEATURES A FENCED YARD AND 1.5 CAR GARAGE IN A QUIET NEIGHBORHOOD. 2 BEDROOMS ON MAIN LEVEL - 1 BEDROOM ON UPPER LEVEL. LARGER BEDROOM ON 1ST FLOOR HAS BEEN CONVERTED INTO A STUDY/DEN BUT CAN BE RESTORED WITH SOME WORK. SELLER IS MOTIVATED. LARGE DECK. HOME NEEDS UPDATING AND IS REFLECTED IN PRICE. Pos: Negot

Last Agent to Sell the Property

Daniel Degasperis

Re/Max Defined License #MISPE-6502368920 Listed on: 12/27/2014

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,195

Year Built

  • Built in 1942

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 125 x 50 x 125
  • Fenced Yard

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 891 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Partially Finished Basement
  • Block Basement Construction
  • Home Security System

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 2533253026

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,195

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Bungalow
  • Structure Style: 1 1/2 Story
  • Year Built: 1942
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cable/Internet Avail., Security System
  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Basement: Yes
  • Basement: Block, Partially Finished
  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 16 x 11
  • Bedroom 2: On Entry Level, Dimensions: 11 x 10
  • Bedroom 3: On Entry Level, Dimensions: 11 x 9
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Kitchen: On Entry Level, Dimensions: 14 x 8
  • Living Room: On Entry Level, Dimensions: 11 x 14
  • Above Grade Finished Sq Ft: 891
  • Total Finished Sq Ft: 891

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck, Fenced Yard, Porch
  • Foundation: Basement
  • Frontage: 50
  • Road: Paved Street

Garage/Parking

  • Garage: Detached Garage, Electric in Garage
  • Garage Spaces: 1
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s), Central A/C

Lot Info

  • Assessments: 138
  • Assessments: Yes
  • Assessor Parcel Number: 2533253026
  • Lot Dimensions: 50 x 125 x 50 x 125
  • Acreage: 0.14
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $2,203.00
  • Winter Tax: Amount: $68.00

MLS Schools

  • School District: Ferndale City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2016
Closed on
Apr 19, 2016
Sold by
Mpr 2000 Corp
Bought by
Daher Ayman Ali
Seller's Agent
Michael Rivait
Keller Williams Home
Buyer's Agent
Michael Rivait
Keller Williams Home
List Price
$194,900
Sold Price
$185,000
Premium/Discount to List
-$9,900
-5.08%
Current Estimated Value
$318,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,517
Avg. Annual Appreciation
5.85%
Original Mortgage
$181,649
Outstanding Balance
$147,865
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$166,161

Purchase Details

Listed on
Dec 27, 2014
Closed on
Jul 23, 2015
Sold by
Sbraccia Linda R
Bought by
Mpr 2000 Corp
Seller's Agent
Daniel Degasperis
Re/Max Defined
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$110,000
Sold Price
$75,000
Premium/Discount to List
-$35,000
-31.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
233.28%
Original Mortgage
$116,500
Interest Rate
3.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Home in Ferndale, MI

  • 20817 Garden Ln, Ferndale, MI 48220

    $80,000

    • 2 Beds
    • 1 Bath
    • 725 Sq Ft
    • 20817 Garden Ln
    • Ferndale, MI

    Tucked away on a quiet residential street, this beautifully renovated home offers a perfect mix of modern updates, smart layout, and unbeatable location. 20817 Garden Lane is move-in ready and zoned for desirable Ferndale Schools, with quick access to Downtown Detroit, Ferndale, Royal Oak, and major freeways.Step inside to discover a bright and welcoming interior featuring fresh paint,

    Brittany Schooley Quest Realty LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $185,000 Bell Title Agency
Warranty Deed $75,000 Bell Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $37,000 New Conventional
Open $181,649 FHA
Previous Owner $116,500 Purchase Money Mortgage
Previous Owner $116,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $193,000 Unknown
Previous Owner $34,000 Stand Alone Second
Previous Owner $138,400 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2016 04/20/16 Sold $185,000 -5.1% $151 / Sq Ft
03/07/2016 03/07/16 Pending -- -- --
01/30/2016 01/30/16 For Sale $194,900 +159.9% $159 / Sq Ft
07/23/2015 07/23/15 Sold $75,000 -31.8% $84 / Sq Ft
07/23/2015 07/23/15 Pending -- -- --
12/27/2014 12/27/14 For Sale $110,000 -- $123 / Sq Ft
Source: Michigan Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,195 $134,720 $0 $0
2023 $6,110 $126,710 $0 $0
2022 $5,688 $116,120 $0 $0
2021 $5,218 $108,050 $0 $0
2020 $4,845 $104,130 $0 $0
2019 $5,008 $98,090 $0 $0
2018 $5,107 $86,080 $0 $0
2017 $5,106 $84,780 $0 $0
2016 $4,184 $72,060 $0 $0
2015 -- $52,630 $0 $0
2014 -- $47,280 $0 $0
2011 -- $48,590 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 31224616

Michigan Multiple Listing Service

APN: 25-33-253-026